Together with its members and partners, FIWARE Foundation defines and implements open standards for portable and interoperable smart solutions in a faster, easier and affordable way, avoiding vendor lock-ins, whilst also nurturing FIWARE as a sustainable and innovation-driven business ecosystem. It fosters FIWARE as a sustainable business ecosystem, offering architecture, 1,200+ Smart Data Models, API, 39 iHubs, Marketplace, and global community collaboration. Leading in smart city tech, FIWARE empowers diverse domains to expand into new markets effectively. Founded in 2016, the foundation boasts 600+ members including Madinah City, Atos, AWS, Engineering, NEC, Red Hat, Telefónica.